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UM's progressive fundraising campaign nets $1.4 billion

First Florida university to break $1 billion

By: Chelsea Kate Isaacs // News Editor

Issue date: 7/8/08 Section: News
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Momentum, the University of Miami's campaign for progress and reform in the university community, has raised $1.4 billion, making it the first university in Florida to reach the billion dollar milestone.

The campaign reached its initial goal of $1 billion 18 months ahead of schedule in early 2006.

According to President Donna E. Shalala, Momentum "has been the catalyst of one of our most dynamic periods."

Since its launch in 2003, Momentum has been responsible for the construction of various facilities on campus, including the Jorge M. Perez Architecture Center, the University Village, the Marta and Austin Weeks Music Library and Technology Center, the School of Communication International Building, the M. Christine Schwartz Center for Nursing and Health Studies, and the Kosaw/Epstein Faculty Office Wing in the School of Business.

Also, UM's national ranking in US News & World Report's "America's Best Colleges" issue has risen 14 spots in the last five years, from 66 to 52.

"The University, our Board of Trustees, under Dean Colson's leadership, realized that our supporters would make it happen - and they succeeded in a way that no one expected," Shalala said of Momentum, which was supported by over 130,000 donors.

As a result of Momentum's success, more plans for campus transformation are underway including a new Student Activities Center and a renovated Whitten University Center.

Chelsea Kate Isaacs may be contacted at chelsea@miami.edu.
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